The UAE continues to develop the legislative and regulatory system in...

The UAE continues to develop the legislative and regulatory system in...
The UAE continues to develop the legislative and regulatory system in...

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His Highness Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of , may God protect him, affirmed that the UAE continues to develop the legislative and regulatory system in various vital sectors, to strengthen the UAE as a global center for employing modern technology in the service and development of society, and to consolidate Its contributions as one of the largest government future experiment laboratories in the world, and to provide the appropriate environment for developing and employing future technologies to facilitate and raise the quality of people’s lives.

This came during His Highness presiding over the Cabinet meeting, which was held at Expo 2020 Dubai, in the presence of His Highness Sheikh Maktoum bin , Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, and Lt. General Sheikh Saif bin Zayed Al Nahyan, Vice President The Council of Ministers and the Minister of Interior, where a number of initiatives and legislations aimed at continuing the process of developing government work and enhancing the state’s leading position in various sectors were approved, on top of which came the approval of the Legislation Laboratory in the General Secretariat of the Council of Ministers to license the use and trial of the use of self-driving vehicles in the country. .

His Highness Sheikh Mohammed bin Rashid said: “I chaired a cabinet meeting at Expo 2020 Dubai, during which we approved the request submitted by the Ministry of Interior to start testing autonomous vehicles on UAE roads, and submit a report to the Council for permanent approval in the future if the ministry adopts this technology in coordination with the authorities. competent.”

His Highness also said: “The UAE will be the first country in the Middle East and the second globally to test self-driving cars on its streets. Our goal is for this type of vehicle to be safer, safer and better quality. We are awaiting the report of the Ministry of Interior, in coordination with the Artificial Intelligence Office, on the results of the tests, to take the appropriate decision.”

self-driving vehicles

In detail, the Council of Ministers approved, during its session, the granting of a temporary license to self-driving vehicles, through the Legislation Laboratory in the General Secretariat of the Council of Ministers, as the decision comes in light of the government’s continuous efforts to develop laws and regulations for employing modern technology to serve individuals and develop various sectors, while ensuring the highest levels of safety. In applying them, providing a safe environment for developing future technologies and accelerating their development process, in a way that enhances the leading position of the UAE, and consolidates its contributions as one of the largest future government experiment laboratories in the world.

The Ministry of the Interior, in partnership with the Office of Artificial Intelligence, had submitted an application to license the testing of self-driving technologies, where specific controls will be established and under the supervision of a group of government agencies – each in its field of competence – to experiment and test these technologies in the country, for the purpose of determining the possibility of their permanent application and submitting a recommendation to the Council of Ministers The legislation that must be developed and amended to enable the use of these technologies in the future in the country.

The UAE will be the first country in the Middle East and the second globally to test the application of these technologies for self-driving vehicles. During the next phase, these systems will be tested in a number of different stages, to ensure the safety and quality of these systems on individuals and roads.

The Cabinet also approved, during its session, the amendment of the conditions and controls for granting residency to a retired foreigner, in a way that enhances the state’s position as a second home for individuals of different nationalities and cultures. Their stay with us in the UAE .. We welcome everyone in our country.”

His Highness added: “Today, in the cabinet session, we approved the policy of special funds in the federal government, where government institutions can, in accordance with regulations and standards, establish financing funds that serve their development programs. The goal is to raise the productivity and flexibility of government work to achieve better results for the public.”

private boxes

In detail, the Cabinet approved the policy of establishing special funds in the federal government, which aims to develop new funding sources for development programs in a way that contributes to raising the productivity of the performance of government agencies.

Fractional instruments

The council also approved the issuance of a trial license for the fractional sukuk project, which will be supervised by the Securities and Commodities Authority, in a step that will enhance the country’s competitiveness in financial and banking indicators and consolidate its leading position in the field of advanced financial technology.

The issuance of the trial license is part of the government’s continuous efforts to support the financial sector in the country and provide it with modern technologies and advanced legislative frameworks, in order to facilitate the adoption of innovative financial products and solutions that meet the requirements of investors in accordance with the best international standards and controls, and ensure the credibility and confidentiality of financial transactions during various stages, as the technology of fractional instruments is adopted. Digitally split sukuk into small lots. It is noteworthy that the UAE leads the Middle East and North Africa region in the presence of the largest number of companies working in the field of financial technology.

Health services

Within its agenda, the Cabinet approved the unification of basic health services provided to women and newborns in the country, which aims to provide them with the best health services and raise the UAE’s competitiveness in the field of health care. The Council reviewed the recommendations of the Federal National Council on the topic of “family cohesion and its role in achieving development goals sustainable social,” and the topic “Services provided by telecommunications companies.”

In legislative affairs, the Council of Ministers approved an amendment to its decision regarding the policy of labeling nutritional values ​​for products, which obliges suppliers in the UAE to develop distinctive and simple data that indicate healthy foods to the public, which enhances a healthy life and quality of life.

The Council also approved the final account for the fiscal year ending in 2020 for the Federal Tax Authority, the General Pension and Social Security Authority and the Emirates Real Estate Corporation. The Council reviewed a report on the participation of the Ministry of Finance in the G20 2021, and in terms of international relations, the Council approved a number of cooperation agreements. with a number of countries.

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